Vipul Shah on India's Diamond Trade

Vipul Shah on India's Diamond Trade

Assessment

Interactive Video

Business

University

Hard

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The video discusses the sluggish outlook for the Indian diamond export market due to economic slowdowns in the US and China, supply constraints, and sanctions on Russia. It highlights the challenges in demand and pricing, the impact on employment, and the role of government support. The potential of lab-created diamonds as an alternative is explored, along with consumer preferences and market dynamics in the jewelry industry.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the sluggish outlook for jewelry exports?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the US and Chinese economy affected the demand for jewelry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are faced in sourcing rough diamonds from Russia?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the Indian government attempting to support the jewelry industry amid current challenges?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do lab-created diamonds play in the current market?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected trends in the diamond market over the next few years?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are consumer preferences shifting in the jewelry market?

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